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specific on how to restructure medicare. is it responsible for the met to present a vision being specific on tax hikes but on medicare saying, we'll get to a specific number but we won't specify? is it because there's so much pressure on the left to not reform medicare? >> i think it's certainly a fight. and i think we have to be careful. we have to make sure -- i think we can get to means testing fairly easily. some higher co-pays for people who can afford it. as i said before, donald trump may need medication but he doesn't need the government to pay for it. we've got to get to a point where we are really having people who can afford to pay for their health care, having them take that responsibility. >> that's the position the president should adopt in your view? >> i think so. i think aggressive means testing for people who can afford it makes sense as we look at long-term savings in the medicare program. but here's the thing. bob and i both know, he and i are talking and i think we can get a deal through the senate. the
specific on how to restructure medicare. is it responsible for the met to present a vision being specific on tax hikes but on medicare saying, we'll get to a specific number but we won't specify? is it because there's so much pressure on the left to not reform medicare? >> i think it's certainly a fight. and i think we have to be careful. we have to make sure -- i think we can get to means testing fairly easily. some higher co-pays for people who can afford it. as i said before, donald...
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deferral of automatic cuts for doctors in medicare. here are the spending cuts. unspecified savings from nonentitlement programs next year -- let me just finish -- and the promise of $400 billion in savings from entitlement programs it be worked out next year with no guarantees. speaker boehner says even if you get all of that, it's a net increase in spending, not a net cut. >> not true. let me explain why. again, those investments in infrastructure, extending unemployment benefits, those are very important things and they are very good things and we can afford them. they have a modest costs and we can pay for them. as opposed to what you just said, we proposed $600 billion in preforms to mandatory programs over ten years and he better prepared to do a substantial portion of those up front in ways that are measurable so we can replace the much more damaging sequester. so when republicans say to us we want to see spending savings locked in up front we shall say we agree with you and we are prepared to do that. you have to give us some sense what you think we shoul
deferral of automatic cuts for doctors in medicare. here are the spending cuts. unspecified savings from nonentitlement programs next year -- let me just finish -- and the promise of $400 billion in savings from entitlement programs it be worked out next year with no guarantees. speaker boehner says even if you get all of that, it's a net increase in spending, not a net cut. >> not true. let me explain why. again, those investments in infrastructure, extending unemployment benefits, those...
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>neil: the president's tax tactics are upsetting the republicans but a democratic caucus member sees it as time for the president to step up, connecticut senator joe lieberman, and on his way out he is creating a big fuss. senator, good to have you. >>guest: good to back to create a little fuss. >>neil: senator, what is it you are having a problem with here? the president has to step up or play a more active role or delegate that to the treasury secretary? >>guest: certainly a lot of this is going to be done at the staff level. but, ultimately, this is going to require an agreement between president obama, speaker boehner, senator mcconnell, senator harry reid and leader pelosi and in some sense it is going to be the two mai
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>neil: the president's tax tactics are upsetting the republicans but a democratic caucus member sees it as time for the president to step...
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what kind of impact will government spending on things like medicare, social security, i mean, do you think it has gotten out of control? >> it is scheduled to go up by several percentage of gdp over the next couple decades. that had to be turned around. i think that everyone recognizes that is were spending control has to be focused on if we are to avoid much higher tax rates or an explosive national that. i think it is clear that the republicans are saying we will only go along with higher tax revenue, not higher tax rate, but revenue, if the administration will come forward with some plans to slow the growth of spending. lori: all of this going on against the backdrop where we have had low inflation. the fed has promised these low record rates all the way through 2013. what happens if we do get a situation where the fiscal cliff does involve higher taxes? you have higher taxes, a slowing economy and baby inflation. what do you think, will it start to kick in click select this is a recipe for disaster >> the accumulation of excess reserves in the commercial banks that right now are
what kind of impact will government spending on things like medicare, social security, i mean, do you think it has gotten out of control? >> it is scheduled to go up by several percentage of gdp over the next couple decades. that had to be turned around. i think that everyone recognizes that is were spending control has to be focused on if we are to avoid much higher tax rates or an explosive national that. i think it is clear that the republicans are saying we will only go along with...
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or the medicare trust fund. it has all been spent and the whip-saw effect it is having on the budget is horrendous and if we don't get ahold of it, we're mortgaging our children's future and i will not be part of it. >> chris: you say you will not be part of it. you are stuck, given the job you have. >> i will not be part of further mortgaging our future. it is time to get serious about our debt. >> chris: what about the trillion dollars, though, is it fair to count that as part of $4 trillion in debt reduction. >> it should be part of the percentage if they want to count it but what about the next 3, $4 trillion that need to happen if we put america on a fiscally sustainable path. the proposal we got from the president. if we gave the president $1.6 trillion of new money, what do you think he'd do with it? he's going to spend it. that is what washington does. >> chris: you don't believe he'd use it to help pay down the debt. >> he'll spend it. look at the fact. they put $400 billion worth of unspecified cuts th
or the medicare trust fund. it has all been spent and the whip-saw effect it is having on the budget is horrendous and if we don't get ahold of it, we're mortgaging our children's future and i will not be part of it. >> chris: you say you will not be part of it. you are stuck, given the job you have. >> i will not be part of further mortgaging our future. it is time to get serious about our debt. >> chris: what about the trillion dollars, though, is it fair to count that as...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >> from the fox business studios, here is ger willis. gerri: math and science experts. it is known as the stem jobs act. science technology engineering and math. all the stuff that we need. it is unlikely that there will be passed in the democratic controlled senate. granting residency to young people brought into the country legally, some are calling this is achieved back. the gop version of the dream act. we have senator kayailey hutchison with us. senator, welcome back. >> thank you for having me. gerri: tells how your legislation is different from the dream act? >> are legislation gives the legal status to the young people who are really in a conundrum. they have grown up here. >> we do give them a legal status and we don't pretend that i'm forg
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >> from the fox business studios, here is ger willis. gerri: math and science experts. it is known as the stem jobs act. science technology...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of birthdays, caroline still looks amazing. you can challenge what's possible thanks to the trusted performance of olay. 60 years, millions of women, real results. 60 years, millions of women, well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> right now
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of...
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. martha: we are back and arizona police launching a desperate search right now for a little girl that suffers from lukemia. they're worried that a plastic tube in the girl's heart could become infected if it is not tended to, and she could in some situation about this goes on too long she could die from this. large concerns. jamie colby joins us in new york city. so what is going on here, jamie? >> reporter: there are large concerns and it is pretty serious why we're talking about it again. martha, it has been already five days and there is no sign of this 11-year-old cancer patient known only as emily but authorities haven't given up hope. they have actually expanded their search and making clear that time is not on their sid
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. martha: we are back and arizona police launching a desperate search right now for a little girl that suffers from lukemia. they're worried that a...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >> it it's been a tough season for the kansas city chiefs in the nfl and yesterday, a player committed murder and suicide and with that on their minds, chiefs played the game. the death of linebacker jovan belcher and his girlfriend. a moment of silence just before the game today in honor of all the victims of domestic violence. no mention of belcher by name. police say belcher shot and killed his girlfriend cassandra perkins at their home and then drove to the chiefs training facility near arrowhead stadium, took out a gun and shot himself in front of his coach and general manager. belcher and perkins were parents of a three month old baby girl, who was in another room at the time of the shooting. she was not hurt. the chiefs won today. they beat t
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >> it it's been a tough season for the kansas city chiefs in the nfl and yesterday, a player committed murder and suicide and with that on their...
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was taken out of medicare to begin obama care. so right there, you know, from a management standpoint, why would you reduce money from something that's going broke? the other thing that we need to understand is that tax rates are going up on january 1 within obama care. so we're talking about almost a trillion dollars of increases in taxes and fees. >> let's not talk about the democrats for a moment. let's not even talk about what the president's put on the table. let's talk about the republicans. give me specific cuts that republicans would be behind. because we're really short on specifics from the gop. lay out for me, here's what we're willing to cut in terms of entitlements. put it on the table. >> look, there's been a plan in terms of indexing the increases. we are going to have to find a way to reduce the gap between how much medicare costs per person and how much we pay. because it's not going to last. it's going to go broke. >> so let me bring in nan for a second, then. forgive me for cutting you off. tick off for me. as y
was taken out of medicare to begin obama care. so right there, you know, from a management standpoint, why would you reduce money from something that's going broke? the other thing that we need to understand is that tax rates are going up on january 1 within obama care. so we're talking about almost a trillion dollars of increases in taxes and fees. >> let's not talk about the democrats for a moment. let's not even talk about what the president's put on the table. let's talk about the...
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> welcome back. there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might ask? here appearance at the annual conference on middle east policy that took place in washington friday night. more than 10 minute video tribute. secretary clinton was praised by political rivals from senator onmccain and the president and by other world leaders. >> someone who knows a thing or two about political comebacks, i don't think we've heard the last of hillary clinton. ♪ girl you're amazing just the way you are ♪ >> i just have an instinct that the best is yet to come. >> i prepared some remarks for tonight, but then i thought maybe we could just watch that video a few more ti
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> welcome back. there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might...
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we saw undocumented savings come unspecified savings over 10 years, after which medicare would end as we know it and additional savings at how pay for tax cuts. the presidentpurposely planned health care entitlements in the first 10 years exceed the savings put forward by the paul simpson commission. the norstar if you wrote this process. i refer you to the document for more details. we have been specific. we understand republicans won't -- maybe they want different kinds of cuts. maybe they want additional cuts. the president has made clear he will entertain others' ideas. we need to see what they are. we can't pass on their behalf what republicans want out of this process. they need to put forward ideas as we put forward ours. >> they feel the administration didn't be specific about entitlement changes, but very specific for tax reform. and you heard what they said. >> i heard what she said, but look at the proposals. we understand they may want different ones. let's be specific about the fact we put forward substantial savings and health care entitlements as were his other entitlem
we saw undocumented savings come unspecified savings over 10 years, after which medicare would end as we know it and additional savings at how pay for tax cuts. the presidentpurposely planned health care entitlements in the first 10 years exceed the savings put forward by the paul simpson commission. the norstar if you wrote this process. i refer you to the document for more details. we have been specific. we understand republicans won't -- maybe they want different kinds of cuts. maybe they...
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covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. >>> apparently a smartphone just isn't big enough for two people to view and maybe single folks need to travel light when they're on the prowl. whatever the reasons, a new survey suggests married couples are more likely to own a tablet while smartphones are more popular among singles. alejandra, how are you? did you have a good thanksgiving? >> yes. how about yourself? >> i had a great thanksgiving. what's the logic behind this? >> the truth is that it's not that single people like more smartphones and people who are married like more tablets. each plays a bigger role in all of this. >> okay. >> usually married people are often older, which means they have more disposable income, they have a stable career, they have money to splurge which means you're able to actually have technology toys in comparison to a single person who doesn't have the same amount of money than when you are in a couple. you are able to divide that pleasure. another thing, when
covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. >>> apparently a smartphone just isn't big enough for two people to view and maybe single folks need to travel light when they're on the prowl. whatever the reasons, a new survey suggests married couples are more likely to own a tablet while smartphones are more popular among singles. alejandra, how are you? did you have a good thanksgiving? >> yes. how about yourself? >> i had a great...
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actual like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >> hillary clinton and merrl strep best friends. they posed for the dinner for the kennedy center. strep is a fan of the secretary of state. isn't that cute. they do photos. >> gretchen: those kennedy center honors are wonderful. especially the people who introduce them and hopor them . hilary clinton. >> brian: he should cast meryl strep as hillary clinton. >> gretchen: we'll have to exchange reviews. >> brian: dulike it >> gre
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with...
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cut medicare and social security, what's the rush? senator bernie sanders every time we have him on, howard dean. first of all as we've said over and over, we hate the term entitlements because you are entitled to it. you have paid into it. number one. and number two it is not in crisis. bernie sanders speaks about this all the time. this is the problem they try to panic us. michael with some of the fun facts. we posted this. let me share a couple. that's why shows like "meet the press" made my head explode because they start with this premise. [ explosion ] >> we're not all in agreement on that. >> stephanie: he says that because economic projections -- because economic projections for a year or two from now let alone 20 to 70 years it is best to resist being pressured to act on entitlements. bush tried this. it is a crisis. [ screaming ] we have to privatize it now! >> yeah. because the market will take care of it. you'll see. by take care, i mean destroy. >> stephanie: social security adds what to the deficit? >> zip. zero. >> nada
cut medicare and social security, what's the rush? senator bernie sanders every time we have him on, howard dean. first of all as we've said over and over, we hate the term entitlements because you are entitled to it. you have paid into it. number one. and number two it is not in crisis. bernie sanders speaks about this all the time. this is the problem they try to panic us. michael with some of the fun facts. we posted this. let me share a couple. that's why shows like "meet the...
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the math doesn't add up without cuts to social security and medicare. >> i think you're right. there needs to be this balanced approach and everything should be on the table. i do agree with you there. >> not tax increases that hurt the economy. that's my only point. you thought we had an agreement there, didn't you? >> i did. we were close. stephen moore, thank you so much for joining us this morning. >> my pleasure. take care. >>> of the many unanswered questions about the jovan belcher murder/suicide tragedy, our talk back question today, should the perkins/belcher tragedy cause us to rethink gun control? is bob costas right? facebook.com/carolcnn. i'll be right back. there's a health company that can help you stay that way. what's healthier than that? and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candid
the math doesn't add up without cuts to social security and medicare. >> i think you're right. there needs to be this balanced approach and everything should be on the table. i do agree with you there. >> not tax increases that hurt the economy. that's my only point. you thought we had an agreement there, didn't you? >> i did. we were close. stephen moore, thank you so much for joining us this morning. >> my pleasure. take care. >>> of the many unanswered...
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ jenna: right now investigators say they are trying to figure out what prompted jovan belcher to murder his girlfriend before taking his own life. police say that jovan belcher shot and killed his girlfriend, kasandra perkins, on sunday morning before heading to the chiefs stadium where he killed himself in front of his head coach and others. the chiefs have any moment of silence before their game yesterday to remember all the victims of domestic violence. not specifically naming jovan belcher, but certainly a lot of questions. steve brown has more in chicago with this. we heard a little bit of the 911 call before the break. how do those final moments play out at arrowhead stadium earlier on saturday morning? reporter: yes, let's put that into context. kasandra perkins was shot numerous times and fatally wounded by the father of their child. that is jovan belcher,
if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ jenna: right now investigators say they are trying to figure out what prompted jovan belcher to murder his girlfriend before taking his own life. police say that jovan belcher shot and killed his girlfriend, kasandra perkins, on sunday morning before heading to the chiefs stadium where he killed himself in front of his head coach and...
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this offer doesn't remotely deal with entitlement reform in a way to save medicare, medicaid and social security from imminent bankruptcy. the president's plan when it comes to entitlement form is quite frankly a joke. >> so over the weekend the sunday shows, you saw geithner basically drawing a line in the sand. he said there's not going to be a deal on entitlement reform, tax reform unless republicans budge on letting those income tax rates for the wealthiest earners increase. in response to that, house speaker john boehner said he was flabbergasted by the white house's offer. he said it was not serious and republicans are calling on the white house to put more details on the table. >> you know, americans want compromise. any time we take a poll, that's what we find, they want compromise. what's the deal? republicans are backed to a corner? they will be forced to raise taxes or else we go over that fiscal cliff? >> they are a bit backed into a corner. when you look at the lay of the land, the white house and democrats are confidence they have leverage that's because they have some her
this offer doesn't remotely deal with entitlement reform in a way to save medicare, medicaid and social security from imminent bankruptcy. the president's plan when it comes to entitlement form is quite frankly a joke. >> so over the weekend the sunday shows, you saw geithner basically drawing a line in the sand. he said there's not going to be a deal on entitlement reform, tax reform unless republicans budge on letting those income tax rates for the wealthiest earners increase. in...
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medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male annnnounc ]umana. ♪ >> talked a lot about baby names today. and it is fun picking a name but you have to actually raise the child. that is the hard part. >> that was it. fun is over. you pick the name. the fun is gone. it was all over. >> you have three children. tracy: they have to live up to the name. that is tough. i don't know how you live up to apple. [all talking at once] tracy: i bet he can flip the c. there you go. >> on that note, take it away, guys. tracy and dennis. tracy: good afternoon. i am tracy byrnes. >> i'm dennis kneale. no progress on the fiscal cliff and no plans to even talk about it. when will the white house and congress get serious about making a deal? tracy: on december 31st. dennis: the president is taking to twitter. we'll the latest all hour. tracy:
medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male annnnounc ]umana. ♪ >> talked a lot about baby names today. and it is fun picking a name but you have to actually raise the child. that is the hard part. >> that was it. fun is over. you pick the name. the fun is gone. it was all over. >> you have three...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ stuart: it seems like there is less interest in going to the stores. online sales topped $20 billion. that is up 15% compared to last year. twenty-nine days until we fall off the fiscal cliff. timothy geithner says the ball is in the republican report to compromise. >> i cannot promise that. that is a decision that lies in the hands of the republicans. if they recognize the reality that we cannot afford to extend those tax rates, we have a basis of an agreement. stuart: how was that for an introduction. before we launch into your talking points, and i know you well, i want to mention this. the founder of cosco, as you know, he appeared at the democrat convention. big supporter of president obama. loves the tax the rich idea. he borrowed $3.5 billion
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ stuart: it seems like there is less interest in going to the stores. online sales topped $20 billion. that is up 15% compared to last year. twenty-nine...
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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remember all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. o0 two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> before we return to our story, a production note. filmmaker grace con told us that during the sting operation, many of the women complained of being hungry. cook county investigators say that pimps and traffickers deliberately deprive women of food and sleep in
remember all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. o0 two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover...
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medicare. when you see the american people paying on average. 115 million a year and getting something 300 mill or 300,000, benefits in their life. we have to do something about the fee for service program and get it a defined benefit and we have to reform and preserve mandatory spending programs. >> one of the things you are best at as a communicator of the republican party. what do you tell people who are worried about republicans or democrats might do in congress that would put their security in jeopardy? >> first and foremost, we are not talking about making change for current seniors or those 10 years from going in. but we have to do something for someone like myself who is 51 or those programs will not be there. we are talking 10-12 years of solvencey between social security and medicare. we have to be adults and leaders and say we have a program and we'll bring viable solutions to future generations. >> we are grateful you joined us this afternoon. thank you, congressman west. >> thank y
medicare. when you see the american people paying on average. 115 million a year and getting something 300 mill or 300,000, benefits in their life. we have to do something about the fee for service program and get it a defined benefit and we have to reform and preserve mandatory spending programs. >> one of the things you are best at as a communicator of the republican party. what do you tell people who are worried about republicans or democrats might do in congress that would put their...
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. but i still have a runny nose. [ male announcer ] dayquil doesn't treat that. huh? [ male announcer ] alka-seltzer plus rushes relief to all your worst cold symptoms, plus it relieves your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! >>> flabbergasted. you can't be serious. i've never seen anything like it. we've got seven weeks between election day and the end of the year and three of those weeks have been wasted with this nonsense. >> okay. >> so how did john boehner feel about the
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. to go along with you. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> looking ahead to tomorrow, arianna huffington will be here and sal giunta. both democrats and republicans are doing what you would expect, practically nothing, and blaming the ot
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. to go along with you. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ ♪ lou: 31 days until the fiscal clef, the threat of sequestration largely being ignored. automatic spending cuts to the tune of 1 trillion over ten years, half coming from our defense budget. joining me now to discuss the impact on our military, nestle security, we are joined by hammer and -- admiral james lyons. they to have you back with us. your thoughts on the impact of sequestration is, indeed, it goes into affect year. >> in the words of the secretary of defense, leon panetta, this will be a disaster. what the oama administration is doing is unilaterally reducing e military capability of our forces. this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russian
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ ♪ lou: 31 days until the fiscal clef, the threat of sequestration largely being ignored. automatic spending cuts to the tune of 1 trillion over ten...
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the sink guegle biggest driver medicare. so if we don't make those tough decisions now, all we've done is a european style kick the can down the road and, you know, it's tough to cut entitlements and it's tough to cap deductions. austerity doesn't have to look like just taxing your way out of it. if you want to not work, you just tax your way out of it. >> i think we have to remember that this is politics and not economics going on here. that's the most important thing i think people have to remember. and we know we want more revenue and cut spending. that's why we have the problem to begin with. you have to accept that issue. le politicians aren't willing to accept that issue yet. both are at extremes. if you accept they're both at exseee extre extremes, how did we raise revenue. because the politics, not because of economics, they will not raise marginal rates. >> although we have heard some people say they would go along with that. >> i agree. the center is actually saying that. but i think -- so if the democrats know tha
the sink guegle biggest driver medicare. so if we don't make those tough decisions now, all we've done is a european style kick the can down the road and, you know, it's tough to cut entitlements and it's tough to cap deductions. austerity doesn't have to look like just taxing your way out of it. if you want to not work, you just tax your way out of it. >> i think we have to remember that this is politics and not economics going on here. that's the most important thing i think people have...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >> president obama is still >> president obama is still over one month away from the second term. it's never too early to talk about the next presidential election and here to talk about 2016 and the likely candidates, assistant speech writer for ronald reagan peggy noonan and former advisor to president clinton doug schoen. everybody. [applause] >> this is a very special day for me. i wanted to make a point to peggy, people ask me how did you get to be press secretary and i actually point back to one book i read in 1994 when i became press secretary on the hill and it was yours, what i saw at the revolution. >> oh, my goodness. >> changed my life and gave me confidence to be a conservative woman. >> thank you for that. >> oh, my goodness, thank you
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >> president obama is still >> president obama is still over one month away from the second term. it's never too early to talk about the...
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wants $1.6 trillion in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the republicans should present their own ideas. >> we can't try to figure out what works for them. they have to tell us. >> reporter: but secretary geithner made it clear, there will be no deal that does not include a tax hike on the wealthy. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiations are on the schedule here. and many believe it will take a week for the real work toward a solution to get under way. susan mcginnis, cbs news, washington. >>> how minority leader nancy pelosi says she will try to force a vote today on a senate- passed bill that democrats support but it is doubtful she will get republican support to get it to the house. >>> time now 5:10. a major carmaker recall, a potential
wants $1.6 trillion in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the republicans should present their own ideas. >> we can't try to figure out what works for them. they have to tell us....
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to medicare and other programs. not enough, says the speaker. >> if we gave the president 1.6 trillion of more money, what do you think he is going to do with it? he is going to spend it. that is what washington does. >> they have to come to us and tell us what they need. what we can't do is to keep guessing. >> so the ball is in their court? >> absolutely. and they understand that. >> reporter: the good news, it appears the mortgage reduction is not part of the talks. so if they don't make a deal and if we do go over the fiscal cliff what does it mean for you. nearly everybody american will pay more taxes, between 2,000 and $2,400 per family. we enjoyed a 2% cut in payroll taxes. that will disappear. and the government will start cutting, $500 billion in spending, half at the pentagon and the other half from federal spending for education, transportation and food safety and research. all of that could send all of us back into recession. where do the talks stand? boehner says they are nowhere. and the speaker has a
to medicare and other programs. not enough, says the speaker. >> if we gave the president 1.6 trillion of more money, what do you think he is going to do with it? he is going to spend it. that is what washington does. >> they have to come to us and tell us what they need. what we can't do is to keep guessing. >> so the ball is in their court? >> absolutely. and they understand that. >> reporter: the good news, it appears the mortgage reduction is not part of the...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ aah! learning how to kick flip 6 stairs takes determination. so will getting into college. i've got what it takes. so do you. ♪ lou: an excuse -- excuses for breaking the anti-tax pledge. i know. it's uplights to him. it's a pledge to the voters. congressman chris gibson says he is not bound by the pledge that he made because of redistricting when the freshmen republicans signed the pledge back in 2010 he represented new york's 20th congressional district. now e is in the 19th district. never mind that he still represents just about half of his former constituents. still, that is pretty tough reasoning. to rare win once parts a diplomatic crisis hours before the u.n. general assembly voted to upgrade palestine status to nonmember observer. the off
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ aah! learning how to kick flip 6 stairs takes determination. so will getting into college. i've got what it takes. so do you. ♪ lou: an excuse --...
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if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ >>> big news for the royal family as we've been telling you about. it's about to get a little bit bigger. the duchess of cambridge is pregnant. we go live to thrown for the details. we have the confirmation from cam bring house, correct? >> reporter: absolutely right. we have confirm jaation from th palace. the palace announcing in the last half an hour or so or a little longer the royal i hadness, duke and duchess of cambridge is expecting a baby. now our understanding is that she has gone into hospital because she's suffering from what the palace is describing as acute morning sickness which means she needs specialist treatment, she needs extra i had transition and nutrient, water and minerals and that sort of thing to protect the safety of the baby so it looks as if she's had to go into hospital and that may have prompted this announcement because my understand
if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ >>> big news for the royal family as we've been telling you about. it's about to get a little bit bigger. the duchess of cambridge is pregnant. we go live to thrown for the details. we have the confirmation from cam bring house, correct? >> reporter: absolutely right. we have confirm jaation from th palace. the palace...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able tprovide... which means better health outcomes... and more quaty time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break fromhe holiday stress. ship fedex express by december 22nd for christmas delivery. gerri: next, one of them says the fed's broken promises of laughter and applause. ♪ gerri: been more than a month since hurricane sandy ravaged the east coast. new york governor andrew cuomo seeking federal aid for the victims of superstar and sandy, new york and new jersey requesting $79 billion from the federal government in order to rebuild. but there are still many folks picking up the pieces, trying to rebuild there lives and businesses. my next guest who lost her entire store in the storm. she says the government has done nothing to help
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able tprovide... which means better health outcomes... and more quaty time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break fromhe holiday stress. ship...
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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visit medicare.gov or call 1-800-medicare. i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios tend to weigh less than those who don't. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >>> it's a simple concept, a man and his bicycle. but there's nothing simple about this video. >> we got this guy going to this training yard and just using it as his personal playground. >> this is exactly the kind of place that your mother told you not to ride your bike. >> bouncing across rusted out buildings, old train tracks. using the world like a jungle gym on wheels. >> this guy had health insurance, he doesn't anymore. >> i don't think i could even jump around l
visit medicare.gov or call 1-800-medicare. i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios tend to weigh less than those who don't. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again,...
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other potential hospital stocks out there that have also potentially been involved in this kind of medicare fraud? >> you know, the allegation was about a year-and-a-half ago that community had some issues in its emergency rooms as well. that was made by tenet. there was an awful lot of talk about that with observation rates and -- >> it was also to stave off a deal they were trying to fight a takeover. >> that was controversial. in my analysis when i looked at the other hospital companies, i excluded community from some of the analysis. none of the other hospital companies were nearly as problematic as consistently. 64% of markets with low observation rates. 53% of markets with high short stay rates. this is the holy grail. as you said earlier, this is the holy grail of the way you want to do the analysis. >> cheryl, thank you. we should also mention the hma senior vice president allen levine told "60 minutes" the allegations were "absolutely wrong." of course this is just the start of an ongoing story. thank you. >>> time for some hopium. a strong november for auto sales nearly every manu
other potential hospital stocks out there that have also potentially been involved in this kind of medicare fraud? >> you know, the allegation was about a year-and-a-half ago that community had some issues in its emergency rooms as well. that was made by tenet. there was an awful lot of talk about that with observation rates and -- >> it was also to stave off a deal they were trying to fight a takeover. >> that was controversial. in my analysis when i looked at the other...
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we have some mandatory reforms, medicare. there are some changes there and in medicaid and firm subsidies and a lot of different areas of -- farm subsidies and a lot of different areas. finally, although this does not go into the budget savings numbers, there are changes to social security. is solvent for the next 75 years and slightly more progressive. host -- making sure that social security a solvent for the next 75 years and slightly more progressive. host: establishing free income tax brackets -- three income tax brackets. what should we know about that? guest: the top rate is about 35%. it goes down 10%. what simpson-bowles does is, by broadening the base, you can take some of the revenue and lower the rates. the lower rate depends on how much you want to restrict those deductions and credits and how much revenue you want to raise for deficit reduction. you can get anywhere between 29 and 24% in terms of a top rate. there would be two other rates that would be significantly lower that we have in current law. the three r
we have some mandatory reforms, medicare. there are some changes there and in medicaid and firm subsidies and a lot of different areas of -- farm subsidies and a lot of different areas. finally, although this does not go into the budget savings numbers, there are changes to social security. is solvent for the next 75 years and slightly more progressive. host -- making sure that social security a solvent for the next 75 years and slightly more progressive. host: establishing free income tax...
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. >> republican leaders should make the deeper cuts on medicare, medicaid and social security. as for raising taxes on the wealthy, republicans want a great higher revenue for closing loopholes and limiting deductions not a tax hike. they are not pleased with the president's proposal. >>> i was flabber fasted. i looked at them said you can't be serious. i have never seen anything like it. >> three of the weeks have been wasted. >> tim geithner agrees time is of the essence. he fires back at boehner saying there's no reason they should fall off the fiscal cliff adding the only reason why it would happen is if a group of members of congress decide they are going to block an agreement because they want to extend the tax rates for the rich. back to you. >> kelly wright, thank you. it's time for a look at who is talking. another big talker down on capitol hill the september 11th attack on consulate in benghazi. >> we know there was intelligence leading up to the attacks that warned of security risks. diane fine stein is one of the chairs on congress's intelligence committee has been
. >> republican leaders should make the deeper cuts on medicare, medicaid and social security. as for raising taxes on the wealthy, republicans want a great higher revenue for closing loopholes and limiting deductions not a tax hike. they are not pleased with the president's proposal. >>> i was flabber fasted. i looked at them said you can't be serious. i have never seen anything like it. >> three of the weeks have been wasted. >> tim geithner agrees time is of the...
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this offer doesn't remotely deal with entitlement reform in a way to save medicare and medicaid and social security from bankruptcy. >> reporter: if a deal is not reached, taxes go up and spending will be clashed. defense contractors are sending the message to lawmakers those cuts would damage the military industry and weaken national security. the ceo of task, a company that develops aviation systems and software for intelligence agencies: >> over 50% of the defense budget is procuring services and services are underscored by jobs. so of course there will be job loss if you have cuts. >> reporter: the cliff hits at the end of the year. but congressional leaders say a compromise needs to be figured out in the next couple of weeks so lawmakers have enough time to debate and pass it. in washington, danielle nottingham, cbs 5. >>> so if democrats and republicans do not reach a deal, the tax policy center estimates the average american will have to pay nearly $3,500 more in taxes next year. >>> still ahead, there's a royal bun in the oven. but things aren't going so well for the duchess of cam
this offer doesn't remotely deal with entitlement reform in a way to save medicare and medicaid and social security from bankruptcy. >> reporter: if a deal is not reached, taxes go up and spending will be clashed. defense contractors are sending the message to lawmakers those cuts would damage the military industry and weaken national security. the ceo of task, a company that develops aviation systems and software for intelligence agencies: >> over 50% of the defense budget is...
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and become the first and only national medicare advantage coany to achie a 5-star rating for a medicare pn... your efforts resu in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones o matter most. i love you, grandma! [ male announcer ] humana. ♪ t legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guidyou along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalizeand affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. dennis: 86-year-old hefner prepares to marry his 26-year-old boy, and i thought prnup, but the playboy is less now than at its peak, the bride could ask
and become the first and only national medicare advantage coany to achie a 5-star rating for a medicare pn... your efforts resu in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones o matter most. i love you, grandma! [ male announcer ] humana. ♪ t legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions...
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Dec 3, 2012
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we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just going through the motions of having their opening bargaining positions knowing that both sides are going to have to make concessions. >> reporter: the answer to that is yes. everybody knows that everybody is going to
we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could...
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Dec 3, 2012
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. $400 billion in cuts to entitlement programs such as medicare and $50 billion in stimulus spending. >> the president and white house have three weeks and this is the best we got? >> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out what works for them. they have to come tell us what works for them. >> reporter: secretary geithner made it clear there will be no deal that does not include a tax hike on the wealthiest americans. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiating sessions are on the schedule here and many believe it will take about a week for the real work towards a solution to get under way. now, so much of the talk right now is about taxes, but another aspect of this fiscal cliff is massive, massive defense cuts. that's going to be a topic here in washington today, terrell, when several ceos of the defense industry talk about the impact on their industry. >> su
. $400 billion in cuts to entitlement programs such as medicare and $50 billion in stimulus spending. >> the president and white house have three weeks and this is the best we got? >> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out what works for them. they have to come tell us what works for them. >>...
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visit medicare.gov or call 1-800-medicare. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> welcome back. let's take you to sear extra now. >> you see and hear the scene there as more bodies are pulled from bombed homes and buildings as government war planes have been watching fresh strikes on rebel strongholds. the population, civilians, as usual, among the targeted killed as well. opposition groups say at least 59 people have been killed today alone in syria. meanwhile, secretary of state hillary clinton has issued a stern warning about the possible use of chemical weapons by the syrian regime. >> we have made our views very clear. this is a red line for the united states. i'm not going to telegraph in any specifics what we would do in the event of credible evidence that the assad regime has resorted to using chemical weapons against their own people, but sufficed to say, we are certainly planning to take action if that eventuality were to occur. >> jill dougherty joins us now
visit medicare.gov or call 1-800-medicare. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> welcome back. let's take you to sear extra now. >> you see and hear the scene there as more bodies are pulled from bombed homes and buildings as government war planes have been watching fresh strikes on rebel strongholds. the population, civilians, as usual, among the targeted killed as well. opposition groups say...
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Dec 3, 2012
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health care laws attempt to close the door on the whole or the prescription drug expenses that can wants medicare runs out. the budget office announced an added benefit. cheaper drugs means more people taking their medication and reducing long-term medical costs. >> schools for thousands of public school students is about to get longer. five states will announce today their adding at least 300 hours of learning time to some schools starting next year. we're talking about paul rafeal, connecticut, massachusetts, new york and tennessee all taking part in this initiative. the goal is to improve student achievement and make u.s. schools more competitive on the global level. the program will affect 20,000 students a mix of federal state and district funds will go in to cover the cost of expanding the school year. >> and study shows many people eligible for unemployment do not collect their benefits. the study by the st. louis federal reserve bank shows only half of those who qualify for benefits applied between 2008 and 2009. the filing for benefits shot up to 95% in 2010 and 2011. that means about 20
health care laws attempt to close the door on the whole or the prescription drug expenses that can wants medicare runs out. the budget office announced an added benefit. cheaper drugs means more people taking their medication and reducing long-term medical costs. >> schools for thousands of public school students is about to get longer. five states will announce today their adding at least 300 hours of learning time to some schools starting next year. we're talking about paul rafeal,...
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there will be automatic cuts to defense, to medicare doctors, to unemployment benefits. and that could mean another recession, but -- >> right now, i would say we're nowhere. period. we're nowhere. >> reporter: the white house is standing firm on taxes. >> rates have to go up. >> whose taxes are you going to raise? >> rates are going to have go up on wealthy americans. >> reporter: in addition to $1.6 trillion in tax hikes, the white house's latest offer includes $400 billion in unspecified medicare cuts and no limit on how much the government can borrow. the republican response? >> i was just flabbergasted. i looked at him and said, you can't be serious. >> reporter: two prominent republicans told me that house republicans may ultimately give in to the president on extends just those middle class tax cuts. if they do that, george, without a deal on spending, the president would get nothing else and face another big battle early in the year over the debt limit and what the government can borrow. >> to josh with the top stories. >>> good morning all of you. secretary of s
there will be automatic cuts to defense, to medicare doctors, to unemployment benefits. and that could mean another recession, but -- >> right now, i would say we're nowhere. period. we're nowhere. >> reporter: the white house is standing firm on taxes. >> rates have to go up. >> whose taxes are you going to raise? >> rates are going to have go up on wealthy americans. >> reporter: in addition to $1.6 trillion in tax hikes, the white house's latest offer...